Posted by harpreet on .
daniel's print shop purchased a new printer for $35'000.each year it depreciates (loses value ) at a rate 5%.what will its approximate value be at the end of the fourth year?
1)$33,250.00
2)$30,008.13
3)$28,507.72
4)$27,082.33

algebra 
Ms. Sue,
I'll be glad to check your answer.